Loans

Tecpetrol delays loan payment on capital controls

Debt Loans Gas

Argentine gas producer uses a 30-day grace period to make up a $325 mln payment

Taurus delays loan payments

Loans Debt Brazil

Brazilian gunmaker reaches an agreement with banks to pay off $23 mln in debt over 31 months

AES wraps up IDB Invest loan

Loans Debt Electricity

US power company gets $120 mln to cover deferred payments on electricity bills from four subsidiaries in El Salvador

Odebrecht begins sale of Braskem stake

M&A Equity Corporate & Sovereign Strategy

Brazilian conglomerate is selling its part in the petrochemical company to repay creditors under a bankruptcy plan

US Exim Bank guarantees financing for YPF

Loans Energy Gas

Bank of America supplies an $83 mln loan for Argentina's state-backed oil company to buy US-made equipment

S&P downgrades Gol to CCC-

Bonds Debt Capital Markets

Ratings agency says default looms if the Brazilian airline does not renegotiate a $300 mln loan due this month

Bahamas borrows $200 mln from IDB

Loans Economy & Policy Bahamas

Caribbean nation receives 20-year funding to help SMEs and develop the "blue economy"

IFC finances SME loans from BHD León  

Loans Coronavirus Debt

Multilateral lender supplies $60 mln to cover liquidity lines to small businesses in the Dominican Republic

CMPC signs green-linked revolver

Loans Debt Brazil

BNP Paribas leads three other lenders in a $100 mln loan for the Chilean paper company

IDB, CAF, Fonplata create infrastructure pact

Loans Project & Infrastructure Finance Latin America

Three development banks form ILAT to finance and advise on integration projects in Latin America

Liberty lines up financing for Telefónica deal in Costa Rica

M&A Loans Debt

US-based telecom says it will use credit from VTR and local loans to cover the all-cash transaction for $500 mln

IDB Invest funds LAAD farmers  

Loans Debt Coronavirus

Multilateral lender grants $30 mln for agribusiness SMEs hit by the COVID-19 pandemic

Multilaterals hold the key for infrastructure investments after COVID-19  

Project & Infrastructure Finance Debt Capital Markets

Development banks can attract institutional investors to increase "funding diversity" in Latin America, Moody's says

Cemex acounts for rising debt costs  

Debt Mexico Capital Markets

Mexican cement company says it could pay up to an additional $50 mln to service its debt

Hypera hires BR Partners to sell Xantinon brand

Corporate & Sovereign Strategy M&A Loans

Brazilian drugmaker confirms it could offload the brand once it closes a $825 mln deal with Takeda